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  • WHO: TB numbers drop to 8.7 million new cases Wednesday, 17 Oct 2012 | 2:31 PM ET

    LONDON-- The number of people who caught tuberculosis last year inched downward according to an estimate by the World Health Organization, but the agency warned that drug-resistant strains are still spreading.

  • Dollar weakens on strong US economic reports Wednesday, 17 Oct 2012 | 2:30 PM ET

    Moody's decision to forgo downgrading Spain's government debt rating also made traders more comfortable owning the euro. The euro rose to $1.3127 from $1.3043 late Tuesday and the British pound rose to $1.6154 from $1.6113. The dollar fell to 97.78 Canadian cents from 98.71 Canadian cents and to 0.9219 Swiss francs from 0.9270 Swiss franc.

  • McDonald's 3Q should indicate economic pressures Wednesday, 17 Oct 2012 | 2:26 PM ET

    NEW YORK-- McDonald's Corp. reports its third-quarter results Friday, which should give a glimpse of how the world's biggest hamburger chain is coping with intensifying competition and the challenging global economy. WHAT TO WATCH FOR: After outperforming its rivals for years, some analyst think McDonald's may be entering a period of slower growth.

  • Fact sheet: 2013 Volkswagen CC Wednesday, 17 Oct 2012 | 1:05 PM ET

    BASE PRICE: $30,610 for Sport with manual. TYPE: Front engine, front-wheel-drive, five-passenger, compact sedan. ENGINE: 2- liter, double overhead cam, turbocharged, direct-injection, inline four cylinder with TFSI.

  • NHL releases details of latest offer to NHLPA Wednesday, 17 Oct 2012 | 11:56 AM ET

    TORONTO-- The NHL has released details of its latest collective bargaining proposal to the public. In an unprecedented move, the league has published the documents it handed over to the NHL Players' Association on Tuesday in an attempt to save a full 82- game season and end the third lockout of Commissioner Gary Bettman's tenure.

  • EU mulls ways to reduce use of food-based biofuel Wednesday, 17 Oct 2012 | 11:55 AM ET

    BRUSSELS-- Europe is considering limiting the amount of food-based biofuels that can count toward its renewable fuel targets while a drought in the U.S. has pushed up food prices worldwide and millions around the world go hungry.

  • Hollywood costumes exhibition opens in London Wednesday, 17 Oct 2012 | 11:35 AM ET

    LONDON-- A new London exhibition has brought together more than 100 Hollywood costumes, from Darth Vader's suit to the world's most famous ruby slippers.

  • Can 'Cloud Atlas' survive Hollywood reincarnation? Wednesday, 17 Oct 2012 | 11:33 AM ET

    LOS ANGELES-- Susan Sarandon reported for work on "Cloud Atlas" midway through the shoot, in time to see a collection of far-flung film scenes that the cast and crew were viewing.

  • St. Jude 3Q earnings decline but beat estimates Wednesday, 17 Oct 2012 | 11:25 AM ET

    ST. PAUL, Minn.-- Medical device maker St. Jude Medical Inc. reported third-quarter earnings Wednesday that beat expectations, though company shares slumped as the executives warned that the company could receive a regulatory warning over a California manufacturing plant.

  • News Summary: Spain says bailout decision imminent Wednesday, 17 Oct 2012 | 11:09 AM ET

    COUNTING DOWN: The Spanish government will decide within the next few weeks whether to ask for outside financial help, noting it might opt for a precautionary line of credit instead of bailout cash.

  • Wine gets in the spirit with new liquor blends Wednesday, 17 Oct 2012 | 10:55 AM ET

    "Companies are going out of the box," observes Ted Carmon, spirits buyer for the BevMo! Bill Newlands, president of Beam Inc., which bought Pinnacle Vodka earlier this year, sees the intensely flavored Whipped as playing into a trend of consumers "whether it's an alcohol beverage or anything else, looking for more flavor reward."

  • Cyprus: talks to seal bailout deal next week Wednesday, 17 Oct 2012 | 10:36 AM ET

    NICOSIA, Cyprus-- Cyprus' finance minister says he expects the final round of talks with potential creditors on a bailout agreement to start next week. Vassos Shiarly said there's no specific date when officials from the so-called troika _ the European Commission, the European Central Bank and the International Monetary Fund _ will arrive here.

  • AO Smith 3Q net income falls, revenue rises Wednesday, 17 Oct 2012 | 10:32 AM ET

    MILWAUKEE-- Water-heater maker A.O. Smith's net income dropped 80 percent from last year's third quarter, when it gained from an asset sale. A.O. Smith raised its full-year earnings forecast, saying it expects its business to continue to perform well through the end of the year.

  • Wine experts: worst grape harvest in half century Wednesday, 17 Oct 2012 | 10:26 AM ET

    BRUSSELS-- Winemaker Cherie Spriggs had watched the bad weather over southern England's vineyards all season long. Thierry Coste, an expert with the European Union farmers' union, said Wednesday that France's grape harvest is expected to slump by almost 20 percent compared with last year.

  • Conde Nast: Charleston world's top tourist town Wednesday, 17 Oct 2012 | 10:23 AM ET

    CHARLESTON, S.C.-- Last year, readers of Conde Nast Traveler magazine voted Charleston the top tourist town in the United States. The magazine announced its readers have now voted Charleston the top tourist destination in the world. Again this year, Charleston was also voted the top tourism destination in the United States.

  • Stock market wavers as investors digest earnings Wednesday, 17 Oct 2012 | 10:17 AM ET

    NEW YORK-- A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.

  • Analysis: Lost in debate: reality of US-China ties Wednesday, 17 Oct 2012 | 10:03 AM ET

    BEIJING-- In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs.

  • FBI: Man tried to open plane's door after landing Wednesday, 17 Oct 2012 | 10:00 AM ET

    SALT LAKE CITY-- The FBI has arrested a man accused of disrupting a Delta Air Lines Inc. flight and damaging the airplane by running up the aisle shortly after landing and attempting to open an emergency exit.

  • Ahead of the Bell: IBM falls on disappointing 3Q Wednesday, 17 Oct 2012 | 9:24 AM ET

    Shares fell $8.67, or 4.1 percent, to $202.33 in premarket trading. Revenue in its region that includes Europe declined 9 percent, more than any other part of the world. That's because sales made in Europe are converting into fewer U.S. dollars than a year ago.

  • Bermuda buffeted by wind, rain from passing Rafael Wednesday, 17 Oct 2012 | 9:20 AM ET

    HAMILTON, Bermuda-- Fast-moving Hurricane Rafael was barreling past Bermuda on Tuesday night, driving gusty winds and pelting rain as its center traveled east of the storm-hardened British Atlantic territory. By 8 p.m. EDT, Rafael was a Category 1 hurricane with winds of 85 mph as its spinning center was located about 115 miles east-southeast of Bermuda.